Post
Topic
Board Bitcoin Discussion
Re: Will it be good for bitcoin if it will be regulated by the Goverment's
by
Lalafell
on 29/09/2019, 15:59:15 UTC
Regulations will have a positive impact in the investor since they feel that they are safe
when its regulated , there will be manipulations that will happen, where in you bought bitcoin in as higher price
and see it after a few hours go down imagine what it gives to the investors heart , they will be devastated
when they have found out that they don't have the money anymore,
for example i have a friend who put all he's retirement's money on bitcoin during the all time high
believing the news that it will reach up to $50k only to find out and woke up that the market collapse
also some of my friends bought a miner then the next day they can't make any profit and the price of the miner
is so expensive, but at the end of the day everything is risky so always think and plan everything before making a
move that will change you life forever
what do you think will the regulation bring forth to us?
I think it may lead to a good and bad outcome, regulating the usage of bitcoin such as making some laws about it may help the community to lessen and reduce the volatility of cryptos and also it may lead to corruption since it talks about money, so that I think government should discuss this deeply because cryptocurrency has a big impact to our economy and it can help to improve our community today.